The phrase that describes his investment strategy is "Risky and Long term investor".
Basically, an investment strategy refers to set of rules, behaviors or procedures which are designed to guide an investor's on the selection of an investment portfolio.
- Majority of investors fall between lower risk investor, moderate risk investor and higher risk investor.
- The portfolio that he invests in ( stocks and high-yield bonds) is an example of high risk portfolio
In conclusion, the phrase that describes his investment strategy is "<em>Risky and Long term investor</em>"
Read more about investment strategy:
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Answer:
Dr interest expense $2448
Dr interest payable $3060
Dr Notes payable $61,200
Cr cash($2448
+$3060
+$61,200) $ 66,708.00
Explanation:
The interest accrued at 31st December 2022 is interest for 5 months which is calculated thus:
interest as at 31st December=5/12*12%*61,200=$3060
On that interest expense would have been debited while interest payable is credited with $3060
On the due date, interest for another months need to computed as follows:
interest for four months=4/12*12%*61,200=$2448
Answer:
Shortages of building materials and a slower recovery from the storm
Explanation:
From the question we are informed about an instance, whereby a hurricane hits Alabama, causing widespread damage to houses and businesses. The governor of Alabama places price ceilings on all building materials to keep the prices reasonable. In this case,what most likely result is Shortages of building materials and a slower recovery from the storm.
From law of demand, which expressed that provided other factors remain equal, when price of a good goes higher, then there would be less demand of that good from
people and vice versa. higher price brings lower the quantity demanded, and lower price brings higher the quantity demanded, therefore in the case, above as the price of ceilings on all building materials so that price becomes reasonable people demand more and it leads to Shortages of building materials
Discrimination would be the correct answer for this question.
Answer:
W. Edwards Deming
Explanation:
The person who believed that management must do more to improve the work environment and processes so that quality can be improved was
W. Edwards Deming
W. Edwards Deming who is a management consultant from America that believe in system theory that all organization has different components that works together to achieve a goal in the organization.
